The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1887-10-01

y
any of these causes, but they hold
contingencies which careful men are
considering World.
why Money is Tight in yRonOn'
gala.
1t is not in New York and other
centers of population alone that
money is tight"
Money is tight in Monongalia.
Our people say this is hard times.
They don't know why nor how it
is brought about, but they know
that by some manner or means things
are not easy.
There is no scarcity of farm pro
duce. The crops have been fair, the
farmers are not suffering, but nobody
has q surplus of money and the fell
low that happens to be in debt has
to go to the wall.
Our people are very well assured
that nobody is boarding. Money is
not made tight by being tied up in
stockings and slowed away in bu-
reau drawers. The money is not
here The banks have not got it.
The people have not. And the only
conclusion is that the hard times is
legitimate result of scarcity of
money.
Neither do we suppose that the
same causes which have produced
tight money in New York are pro-
ducing it here In New York this
condition was brought about by the
fact that more money than usual was
needed in the south and west and
therefore did not go back to New
York as heretofore. In other words
it requires more money to meet the
demands of business than ever before.
The very fact of scarcity caused
men to tighten up. The government
is boarding it by the millions and
this added to the other facts we have
stated made tight money in New
York.
But in Monongalia the causes of
tight money are different. The pri-
mary cause, as we have said, is that
the money is not here, and there is
nothing to bring it here. We are
buying abroad, but rot selling
abroad to any large extelt Money
goes out faster than it comes in.
Our people have not adapted them
selves to the changed condition of
things brought about by the open
ing of railroad. They have taken the
opportunity it offers to buy abroad,
but have overlooked the opportunity
it has brought to sell abroad. 1t
was q natural result that when
money has been going out faster
than it has come in, it should get
scarce
But instead of trying to help the
situation in practical, business
like way, many of our people have
set about complaining of the railroad.
''They don't believe railroad is of
any advantage to a place" "They
don't think we ought to patronize it, !"
ETC., etc. And some of our people
are actually SO prejudiced against
the road that they will not patronize
it when it can be avoided.
Was there ever such a spirit as
this manifested by any people?
We take it that no people were
ever benefited by a railroad who did
not use the road. 1t is not expected
that a railroad will act like shower
Of rain on dry farm, while the
farmer sits on his porch and and
simply looks at it. A railroad offers
opportunities but it don't compel
people to use them. A railroad will
carry your chickens to market but it
wont hatch the out. 1t will trans
port your cattle and grain, but it
wont compel people to raise them to
be transported. 1t is like every 9TH
er blessing-open to those only who
will use it.
If we are to have better times in
Monongalia, our people must get
something to sell and use the rail
road to get money in.